New Murabba Development Company, a unit of Saudi sovereign wealth fund PIF, has announced major progress in the creation of its groundbreaking urban destination in Riyadh. With work in full swing ...

Not so in the Saudi capital Riyadh, where New Murabba, one of the world’s largest modern downtowns, is under construction.

This year’s presence emphasized the significant progress made on the destination, including the successful completion of The Mukaab and surrounding podium excavation. New Murabba’s presence at MIPIM ...

Announced in 2023 by Crown Prince Mohammed bin Salman, the New Murabba district will span 11 square miles to create a new city district in the capital Riyadh. At the heart of the project lies the ...

He also added that this progress underscores New Murabba’s dedication to delivering a world-class destination that will redefine urban development and contribute to a vibrant live-work-visit offering ...